US May Retaliate Against Iranian Oil
In an interview with CNBC, head of global commodity strategy at RBC Capital Markets, Helima Croft, said that it is her belief that in retaliation for Iran’s alleged support for…
Electricity In The EU Costs Three Times The Price In China Now
Hungarian Foreign Minister Peter Szijjarto, speaking at an international conference in Eurasian security in Minsk, the capital of Belarus on Thursday said it is now unclear how the European Union…
Nvidia Forced To Immediately Cease AI Chip Shipments To China
On Tuesday, a company filing revealed that the US government has ordered semiconductor designer Nvidia to immediately cease all shipments of some of its high-end artificial intelligence chips to China. A new…
Ukraine Seeks To Sell Gas Storage Capacity To Europe
Ukrainian Prime Minister Denis Shmigal said in an interview with national television that the Ukrainian government has offered EU traders the option to rent as much as half of the…
Trade Between Russia and China Heads For New Record
Ruslan Davydov, the acting head of Russia’s Federal Customs Service said in an interview with the business newspaper RBK on Wednesday that it appears the trade turnover between Russia and…
Musk Says US Went Overboard Weaponizing Dollar
Elon Musk has warned that in “weaponizing” the dollar as a means of damaging the national economy of Russia by stymying its ability to conduct international trade settlements through sanctions,…
China Ramping Up AI Patents
Bloomberg reported Tuesday that according to data from the World Intellectual Property Organization, China has dramatically increased its lead over the United States in the number of Artificial Intelligence (AI)…
Companies Flee Hong Kong As China Asserts Control
On Tuesday, the Wall Street Journal reported that international companies have begun accelerating their withdrawal from the Chinese special administrative region of Hong Kong as Beijing increasingly asserts its control…
World’s Largest Wealth Fund Posts Massive Losses
The world’s largest wealth fund, Norway’s $1.4 trillion sovereign wealth fund, has reported that it has suffered third-quarter losses of 2.1%, which it attributes to financial market uncertainty. During the…
Russian Seaborne Crude Exports Surge To Four-Month High
On Tuesday, Bloomberg reported that Russia seaborne crude exports rose steadily to hit a four-month high in the week ending October 22nd, according to tanker-tracing data. Russia exported about 3.53…
